📊"Intraday Trading in India: Key Insights from SEBI's Latest ReportThis comprehensive report by SEBI reveals the increasing trend of intraday trading among young traders, particularly from Tier 2-3 citiesDespite the rise in participation, the findings show that more than 70% of traders incur losses, highlighting the challenges of intraday trading.🔍 Key Highlights:↳71% of individual intraday traders faced net losses in FY23↳Significant growth in young traders, with 48% under the age of 30↳Intraday traders increased to 69 lakh in FY23 from 15 lakh in FY19↳Even with 3 years of experience, 54% of traders were still loss-makersDive into the report for a detailed analysis of trading patterns, demographic trends, and the tough reality of intraday trading. 📉👉 Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investingMutual Fund investments are subject to market risks, read all scheme related documents carefullyPMS is not offered in the commodity derivative segment. Insurance is the subject matter of solicitationRegistration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors #smc #smcglobal #investing #intraday #trading #sebi
Posted On: 29 Jul 2024 2:59 PM
